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9-6-2015 *Breitling

Rumors, Chats & Guru Predictions from other Dinar Sites. IDC does not necessarily agree with, or endorse any of these posts.

9-6-2015 *Breitling

Unread postby Vixen » Mon Sep 07, 2015 11:54 am

9-6-2015 *Breitling ~Everybody is in an uproar about the dinar being devalued [article]. …I've been telling you the dinar will not devalue. They [Bloomberg] are trying to pretend they know the market rate of the dinar. What they don't understand is that it's a completely manipulated currency right now and it's manipulated by the amount of notes they have out there. Just like any other currency out there. The liquidity is shoring up…it went from 9 billion to 4 billion notes so it is very strange that these guys [Bloomberg] would even come up with an article like that. Let's say, if the value of the dinar should go down as the price of oil has gone down. To keep the value up they'd have to get more dinar out of the market right? And guess what? At the end of the article it says by the CBI…the reserves won't be depleted and the dinar will not be devalued…so why even print the article? The competition for the dinar is the US dollar and they are selling the oil in US dollars so they are not worried too much about the market rate for the dinar because it's artificially manipulated anyway…It [the dinar] used to be at a $3 rate and it was at a billion notes. And they printed a new currency [The notes you and I have now] and they printed a ton of them in two different stages and the governor of the CBI said 'we are going to get the value of this currency back up but we are going to reduce the note count in the meantime.' There was always the threat of a LOP. But they would not have gotten rid of ONE note off the market…they just would have said, 'Hey, let's pretend those zeros are not on it and we'll go from there.' They didn't do that. They went the complete opposite direction…they started getting rid of the physical notes…
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